Sun, June 21

Binance Delisting Sends WazirX (WRX) Token into Freefall by Over 57%

Binance, the largest cryptocurrency exchange with over 250 million users, announced the delisting of the WazirX (WRX) token on December 25, 2024, at 03:00 UTC.  The decision comes after Binance’s periodic reviews of listed assets to ensure standards like development activity, network stability, trading volume, and regulatory compliance. According to

December 18, 2024 2 mins read

The First 5 Emerging Crypto Projects Went Live on Binance Alpha

Around 24 hours after Binance announced the launch of Binance Alpha, it revealed its first batch of tokens to get listed on the platform. Binance Alpha is a new platform within Binance Wallet, exclusively meant to list emerging crypto projects with huge growth potential. As the platform mentioned earlier, Binance

December 18, 2024 2 mins read

Is $1 Possible for PENGU Token Despite Significant Price Setbacks?

While the global crypto market opened the trading window with Bitcoin’s new all-time high above $108K buzz, one more trend has emerged. PENGU, the native token of the Pudgy Penguins NFT project, has been making waves in the crypto market, drawing both excitement and volatility.  The Solana-based token surged to

December 18, 2024 3 mins read

ASIC Sues Binance Australia Derivatives For Consumer Protection Failure

ASIC filed a lawsuit in the Federal Court complaining that Binance is not focusing on its consumers’ protection. Based on the latest media release from its organization, more than 500 retail clients were misclassified and treated as wholesale clients. In the middle of a booming crypto market, Binance facing a

December 18, 2024 2 mins read

Binance Wallet Launches Binance Alpha to Highlight Promising Projects and Boost Transparency

Binance Alpha, a platform within Binance Wallet (formerly known as Binance Web3 Wallet), was launched by Binance, the world’s top blockchain ecosystem that powers the biggest cryptocurrency exchange in terms of trading volume and users. Its purpose is to highlight early-stage projects and assist users in exploring Alpha opportunities. Binance

December 17, 2024 3 mins read

Binance Hit with Legal Action Over Peanut the Squirrel’s Intellectual Property

Mark Longo, known as the “Squirrel Dad” and the owner of Peanut the Squirrel, has initiated legal proceedings against Binance, a leading cryptocurrency exchange. He asserts that Binance infringed on his copyright by using Peanut’s images and narratives without consent.  Longo stated on X,  “This is the first of multiple

December 16, 2024 2 mins read

Binance Says Memecoins Are More Than Just a Fad

In a recent blog post, Binance, the world’s largest cryptocurrency exchange, explored the evolving landscape of memecoins, delving into their growing cultural and financial significance within the crypto ecosystem. The exchange’s commentary reflects a deeper understanding of how these tokens, often dismissed as frivolous, are influencing Web3 adoption and reshaping

December 16, 2024 2 mins read

How Will WazirX’s Asset Rebalancing Help Its Recovery Strategy?

After months of silence following a massive $230 million hack in July 2024, WazirX, one of India’s leading cryptocurrency exchanges, has caught the attention of the crypto community with unusual wallet activity. According to the on-chain data, funds have been moving between wallets, and buying activity involving tokens like ETH,

December 16, 2024 3 mins read

Has Binance Covered the $230M WazirX Hack Loss?

In July 2024, WazirX, a major Indian crypto exchange, suffered a major hack. Which caused a loss of over $230 million. For months, affected users were left uncertain about whether they would recover their funds. Recently, movements of $200 million on the blockchain have created speculation that Binance, the world’s

December 13, 2024 3 mins read